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2017 was a great year for Bitcoin in real estate

By Mike Wheatley | January 2, 2018
2017 was a great year for Bitcoin in real estate as a commercial developer in Dubai became the first such company in the world to accept the cryptocurrency from those wanting to buy its properties.
Real Estate Technology, US Real Estate

Miami mansion is up for sale, priced at 1,400 Bitcoins

By Mike Wheatley | September 7, 2017
So-called Bitcoin millionaires who’ve made a fortune from buying up the cryptocurrency in its early days are now looking to cash out by buying up luxury real estate. A report from Realtor.com says that Bitcoin trader Mike Komaranksy is listing his 9,500 square foot Miami mansion for a price of 1,400 BTC, which is equivalent […]
Dubai Expo 2020
Real Estate Investing, US Real Estate

Dubai boom no bust, but get best advice

By Phil Butler | February 6, 2015
As ambitious and profitable as Dubai's luxury development opportunities are, the growing list of cancelled projects there foretells of typical "boom" real estate markets past and present. For every one of the 150 projects now cancelled, there's probably two more set to make the insightful investor richer. As always, knowing which intel to choose, which advice to take, differentiates winners and losers.
Real Estate Marketing, US Real Estate

Seller Primer: Easy and effective ways to market your real estate

By Guest Author | November 30, 2011
The great recession that hit the world in 2008 plunged real estate sectors into their worst slump ever. Dubai real estate, for instance, was one of the best real estate markets in the world before 2008, but the region has been performing poorly since. The lack of buyers in the market and glut of supply brought on rock bottom prices which experts foresee as ongoing for some time.
International, Real Estate, US Real Estate

Cancelled and Delayed Projects Increase in UAE

By Mike Wheatley | September 19, 2011
The value of delayed or cancelled construction projects in the UAE grew to $170 billion in the month just gone, in a strong indication that the country’s real estate industry has far from recovered. The 13% increase from projects that were delayed or cancelled in July was revealed last week in a report issued by […]
US Real Estate, World Real Estate

Dubai Real Estate - Not Dried Up Yet

By Phil Butler | June 14, 2011
Just when you thought the American real estate industry was in trouble, news from Dubai suggests things are not much better there. IN the past two years some 200 plus real estate projects have been canceled according to the Real Estate Regulatory Authority there. RERA reviewed some 450 projects, only 237 of which seem destined for completion.
Real Estate, US Real Estate, World Real Estate

HSBC Helps Homeowners in Dubai

By Allison Halliday | June 10, 2011
HSBC is set to help home-buyers in Dubai, one of the hardest hit real estate markets in the world, as property prices here have plunged by more than 60% from their peak. The bank has reduced interest rates on 25 year mortgage by 76 basis points to 5.49% and has also eased up on LTV […]
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